On today’s episode, NLW provides a 101-style overview of central bank digital currencies, looking at:
- Why governments are interested in CBDCs
- Why Facebook’s libra announcement accelerated CBDC development the world over
- Why China’s CBDC efforts are driven by an attempt to shift power in the U.S. dollar-led global economy
- How the U.S.’ rhetoric around central bank digital currencies is changing
- Why CBDCs are likely to be good for bitcoin